GST: Govt Sets Up War Room to deal with GST Queries
With three days to go for the much awaited and the biggest indirect tax reform in the history of India, the Government is taking all the possible...
GST: Andhra Pradesh, Gujarat and Jharkhand Govts notifies Composition and Registration Rules [Read Notifications]
With a few days pending for the roll out of Goods and Services Tax (GST) Act, Andhra Pradhesh, Gujarat and Jharkhand Governments have notified the Composition and Registration Rules which are...
![GST: Andhra Pradesh, Gujarat and Jharkhand Govts notifies Composition and Registration Rules [Read Notifications]](https://www.taxscan.in/wp-content/uploads/2017/06/One-Tax-One-Nation.jpg "GST: Andhra Pradesh, Gujarat and Jharkhand Govts notifies Composition and Registration Rules [Read Notifications]")
Wrong Mention of Section would not make Re-Assessment Invalid if Assessee Co-operated with Proceedings: ITAT Bengaluru
In DCIT v. K.M Nagaraj, the ITAT Bengaluru held that quoting of wrong section would not result in invalidating the whole re-assessment proceedings under Income Tax Act if the assessee had co-operated...
Central Excise (Non Tariff ) Notifications 12/2017, 13/2017 and 14/2017 shall be applicable from 22nd June 2017
The Central Board of Excise and Customs (CBEC) recently notified the date on which the Central Excise (Non-Tariff ) Notifications 12/2017, 13/2017 and 14/2017 shall come into force. These...
Deduction u/s. 54EC must be Allowed on the basis of Actual Consideration, S. 50C has No Application: ITAT Kolkata
In a recent ruling, the ITAT, Kolkata held that deduction under section 54EC of the Income Tax Act must be allowed on the basis of actual sale consideration received by the assessee. The bench...
